As we enter the end of 2024, the flames of market competition are becoming increasingly fierce, and some individual enterprises still face challenges in pursuing their annual sales targets. In the domestic market, the market share of foreign-funded enterprises is gradually shrinking, while the vigorous development of domestic brands and the rapid advancement of alternative technologies are becoming key factors determining the market landscape. In the individual field, the wave of "expansion" is surging, further raising the threshold for market competition.
Standing at the transition between 2024 and 2025, looking back at the price fluctuations of the past year, the DMC price on the individual end seems to have taken a roller coaster ride, starting from an initial price of over 14000 yuan/ton, climbing all the way to a peak of over 16000 yuan/ton, and then returning to the starting point of over 13000 yuan/ton with the expansion of production capacity. Other individual products also followed suit, and prices fell across the board.
However, amidst this wave of price reductions, niche organic silicon products have been like a clear stream, rising against the trend, especially vinyl double heads, whose prices have increased by as much as 33%, jumping from the lowest of 49500 yuan/ton this year to a high priced product of 73000-78000 yuan/ton, becoming the industry's "price star". Industry leaders have stated that this is not simply a price increase, but a dual enhancement of product quality and value.
In 2024, the organic silicon industry is booming. On the one hand, the launch of the organic silicon leather series is like a heavy bomb, which has exploded a huge market demand space; On the other hand, domestic individual giants have been intensifying their efforts in downstream industrial chains, sparking a frenzy of product line competition, significantly increasing capital expenditures, and accelerating the integration process of individual enterprise industrial chains.
Looking ahead to 2025, organic silicone leather may usher in a comprehensive explosion of full terminal applications. Several industry leaders predict that 2025 will be a crucial year for silicone leather to truly enter the mainstream market. Since Dow first launched the world's first organic silicon leather, after three years of market cultivation, leading domestic manufacturers such as Serkai, Xingfa, Xin'an, Zheng'an, and Silicon Treasure have also competed to lay out their own unique organic silicon leather series products. Among them, Serkai has become a leader in the global organic silicon leather field with its unique 100% organic silicon raw material coating technology.
In addition, with the continuous advancement of technology and the continuous expansion of the market, the application fields of silicone leather will also be further expanded, and the home decoration and automotive industries may become its most mainstream application scenarios. Under the promotion of the "trade in" policy, China's new energy vehicle market continues to heat up, and the penetration rate of silicone leather in the automotive interior field is expected to increase significantly.
In summary, the organic silicon industry will usher in new development opportunities and changes in 2025, and the rise of new tracks may present a more diversified trend.